£60m fund for community-led housing
Groups can help to secure this funding through eligible local authorities. Find out how your group may benefit from this fund.
The Budget 2016 announced a £60 million fund to support community-led housing developments in areas where the impact of second homes is particularly acute.
The DCLG announcement is here
How is the funding allocated?
The funding is allocated between local authorities proportionate to the number of holiday homes in the local area and taking account of the affordability of housing to local people. The list of local authorities who will receive the grant is here
Laura Moss of Wrigleys comments "The funding is in two tranches. The first tranche has been allocated to local authorities, but to obtain the second tranche, local authorities have to complete and submit a pro forma to the Department for Communities and Local Government saying how they will spend it. We have spoken to several groups in different areas who are in discussion with local authorities to help them apply for the second tranche. We would encourage other groups to do the same."
If you would like to discuss any aspect of this article further, please contact Laura Moss on 0113 244 6100.
You can also keep up to date by following Wrigleys Charities and Social Economy team on Twitter here
The information in this article is necessarily of a general nature. Specific advice should be sought for specific situations. If you have any queries or need any legal advice please feel free to contact Wrigleys Solicitors